All investment accounts are combined in one big trading account (master account = pamm account).
Only money manager can trade on PAMM account. Trading is disabled for investors.
All investors get share of PnL made on PAMM account proportionally to sizes of their accounts.
All investors get share of PnL made on PAMM account proportionally to sizes of their accounts.
Can work as social investment tool with money managers shown in leaderboard and as institutional invesment tool (MAM) when broker subscribes investors to master accounts
Automated rollovers for deposits and withdrawals
No need to close master positions during subscriptions / unsubscriptions / deposits or withdrawals
Fees for all investors can be set up separately
Automated subscriptions / unsubscriptions of investors
Investors can not see any opened positions in their MT5 terminal.
Investors can see their performance and current equity including floating PnL of their investment accounts in web interfaces.
All PnL is distributed to invesment accounts with 0.01USD/EUR/GBP precision (min available part of base currency of investment account)
Expecting big news from the White House? Our forex indices are a collection of related,
strategically-selected pairs, grouped into a single basket.
Trade on our 12 baskets of FX pairs, including the CMC USD Index.
PnL of investor = Closed PnL for master position x
(Investor's Equity / Master’s Equity)
Expecting big news from the White House? Our forex indices are a collection of related,
strategically-selected pairs, grouped into a single basket.
Trade on our 12 baskets of FX pairs, including the CMC USD Index.
When somebody makes Deposit/Withdrawal (DW) shares of investment accounts are recalculated accordingly to new shares of investment after DW. After DW lblin label creates for all opened positions on master account and all floating PnL for all master positions is redistributed by balance operations to investment accounts.
Example : Initial state: Master account = 1000USD.
it has only 1 investor with 1000 USD.
Autocorrection helps money manager to automatically save same leverage (or margin level) on his account as before withdrawal by partial close of opened positions.
Master position will be partially closed by autocorrection proportionally to withdrawal amount >>> 2000USD/4000USD x 1 lot >>> 0.5 lots will be closed.
So after withdrawal investor #1 will get same size of virtual position: 0.25 lot same as investor #2 (they have same equity).
positions of money manager will not be affected but investors will get new shares in PAMM after withdrawal: investor #1: 50% and investor #2: 50%.
So both investor #1 and investor #2 will get 0.5 lots of EURUSD after withdrawal.
We implemented rollovers to eliminate such surprises because of withdrawals or deposits even on model without autocorrection.
Money manager can set a schedule for deposits and withdrawals, so he knows when exactly will be executed DW requests and how much money investors plan to deposit and withdraw.
He can make set a schedule for rollovers in settings of master account in his account settings in
Web UI.
Expecting big news from the White House? Our forex indices are a collection of related,
strategically-selected pairs, grouped into a single basket.
Trade on our 12 baskets of FX pairs, including the CMC USD Index.
For example : we have PAMM account (4000USD) with 2 investors: 1000USD (25%) and 3000USD (75%). He has 1 lot EURUSD opened position.
Performance of master account will be different from performance of investment accounts (as positions were not rebalanced)
Master account will have bigger margin level then investor #1, so investor #1 can hit stop-out earlier than master.
This Website is owned and managed by Blackwave Capital Ltd . The objectives of the Company are subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Singapore in particular. It is not exclusive to all commercial, financial, lending, borrowing, trading, service activities and participation in other enterprises. We provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.Blackwave Captial is licensed and regulated by FSC Mauritius under License Number : GB23202085.
Blackwave Captial is licensed and regulated by FSC Mauritius under License Number: GB23202085.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full Risk Disclosure.
The website is managed by Blackwave Capital. The company's registered office is 6th Floor, St Louis Business Centre, Corner Desrochers & St Louis Streets, Port-Louis, Republic of Mauritius
You are hereby being notified that arbitrage is EXPRESSLY PROHIBITED. Any person engaged in arbitrage proceedings will immediately be banned from the platform and will be liable to a penalty and occurring legal proceedings.
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